The taxation of corporate income

In 1982 CEDA released a report which looked at the mechanics of corporate income tax.

The taxation of corporate income, published in 1981, examined the Australian experience with company taxes, noting that in 1977, Australia’s company tax as a share of total tax was well above the OECD-average. However, the most common criticism of the system at that time was double taxation. The report recommended an imputation system.

Read Chapter 2: The Australia experience and Chapter 4: An alternative to the current system of company taxation